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Using home equity is "certainly a less expensive borrowing option than resorting to personal loans or credit cards," McBride said. As of August 7, the current average home equity loan interest rate is 8.59%, according to Bankrate. The average HELOC interest rate is 9.37%. To compare, the average personal loan interest rate is 12.38% , Bankrate found. The average credit card interest rate stands at 24.92%, according to LendingTree.
Persons: Iuliia, McBride, Bankrate, Houzz, Jessica Lautz, We've Organizations: Houzz, National Association of Realtors, NAR Locations: U.S
Trump’s plan for blunting Harris’ momentum, some Democrats believe, could reprise elements of the 1988 presidential campaign that George H.W. “I think the Harris campaign has to be prepared for it.”The two sides are already hotly contesting the terrain of strength. Celinda Lake, a Democratic pollster who conducted surveys for Biden’s 2020 campaign, said his strength deficit to Trump had become a nearly insurmountable obstacle for his 2024 campaign. The surveys have also found a huge gender gap in the assessments of whether Harris and Trump are strong. Most important, voters have reached these initial assessments of Harris’ strength before Republicans have really begun their campaign to portray her as weak.
Persons: CNN — Kamala Harris, Donald Trump, Joe Biden, , Harris, Trump, , Democratic pollster Evan Roth Smith, “ Kamala Harris, , it’s, blunting Harris, George H.W, George H.W . Bush, Lee Atwater, Michael Dukakis, Tad Devine, Dukakis, , She’ll, ” Trump, ” Harris, Kamala Harris, Biden —, Biden, Nancy Pelosi, Nikki Haley, Marquette, “ Trump, Whit Ayres, Ayres, Harris blunts, ” Lake, “ Joe Biden, White, she’ll, MAGA, Devine, Republicans pilloried Dukakis, Willie Horton, Horton, Bush, ” Devine, ” Ayres, won’t, Roth Smith, , Hulk Hogan, Kid Rock, Dana White Organizations: CNN, White, Voters, Democratic, Massachusetts Gov, Trump, Fox News, Marquette Law School, Biden, Marquette Poll, CBS, New York Times, Gallup, Republican, Siena, Republicans, MAGA Inc, Politico, , Fighting Locations: George H.W ., Marquette, Siena, Michigan , Pennsylvania, Wisconsin, Celinda, Massachusetts, San Francisco, California, “ San Francisco
As the Fed lowers its benchmark rate, mortgage rates are expected to decrease further. This would likely remove a substantial amount of upward pressure off of mortgage rates. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's interest rates will affect your monthly payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates fell to 5.63% last week, according to Freddie Mac data. Mortgage rates increased dramatically over the last two years, but they're expected to go down at some point this year.
Persons: they're, you'll, Freddie Mac, it's Organizations: Federal Reserve, Traders, Zillow Locations: Chevron
This issue was on full display at the Olympics, where Google face-planted with an ad for its Gemini AI tool. "There seems to be this fundamental misunderstanding of what we should be using AI for," said Iain Thomas, who cowrote a book on AI, "What Makes Us Human?," and is a founder of Sounds Fun, an agency that helps marketers harness AI. To date, 575 companies have bought ads to market AI products in 2024, up from 186 in all of 2023. "In the same way, I wouldn't trumpet that my new product was designed in Photoshop, so why would I talk about how my product was designed using AI? One of the top-performing US ads of 2023 came from Adobe, which ran a spot featuring a girl using AI to create a birthday card.
Persons: Iain Thomas, Sora, Josh Campo, Razorfish, Matt Rebeiro, Iris, Rebeiro, System1, Dove, Microsoft's, chatbot —, Thomas, JLo Organizations: Service, Olympics, Google, Business, Sounds, Washington State University, of Hospitality Marketing, Management, Yahoo, Publicis Media, YouTube, Enterprises, Adobe, Cadbury Locations: MediaRadar
But the move likely wouldn’t help many tipped workers, largely because a sizable share don’t earn enough to pay federal income taxes, experts say. Harris would couple her plan to eliminate taxes on tips with a push for Congress to raise the minimum wage, a Harris campaign official said. Many states and municipalities have higher minimum wages and minimum tipped wages, while some states have eliminated lower minimum wages for tipped workers. Just excluding tips from federal income taxes could reduce revenues by at least $107 billion over 10 years, according to the Tax Foundation. Just getting rid of federal income taxes on tips would lead to a loss of about half that size.
Persons: Donald Trump, Kamala Harris, Trump, Harris, Republican Sen, Ted Cruz of, Democratic Sens, Jacky Rosen, Catherine Cortez Masto, it’s, ” Ernie Tedeschi, Biden, , Erica York, ” York, Tedeschi, Ted Pappageorge, , Pappageorge, Bethany Khan, CNN’s Aaron Pellish Organizations: CNN, Republican, Social Security, Democratic, Yale University, Budget, White House Council, Economic Advisers, Tax Foundation, Culinary Workers Union Local, Culinary Union Locations: Las Vegas, Ted Cruz of Texas, Nevada, York
Advertisers love talking about AI, but they face a big problem: consumers are suspicious of the tech and don't want to be bombarded with messaging about it. This issue was on full display at the Olympics, where Google face-planted with an ad for its Gemini AI tool. To date, 575 companies have bought ads to market AI products in 2024, up from 186 in all of 2023. "In the same way, I wouldn't trumpet that my new product was designed in Photoshop, so why would I talk about how my product was designed using AI? One of the top-performing US ads of 2023 came from Adobe, which ran a spot featuring a girl using AI to create a birthday card.
Persons: Iain Thomas, Sora, Josh Campo, Razorfish, Matt Rebeiro, Iris, Rebeiro, System1, Dove, Microsoft's, chatbot —, Thomas, JLo Organizations: Service, Olympics, Google, Business, Sounds, Washington State University, of Hospitality Marketing, Management, Yahoo, Publicis Media, YouTube, Enterprises, Adobe, Cadbury Locations: MediaRadar
The connection between business credit cards and personal creditWhen you apply for a business credit card, the process largely looks the same as getting approved for a personal credit card. Failure to make payments, as well as other delinquent behavior on a business credit card, will impact your personal credit because of this personal guarantee clause. How business card usage affects personal creditBeyond the initial hard inquiry from an application, you may be curious to know whether using a business credit card will impacts your personal credit. The same rule applies to business credit cards — and the effects of business card defaults on personal credit scores can be detrimental. As with personal credit cards, applying for multiple business credit cards can impact your personal credit score.
Persons: isn't, That's, Experian, it's, that's, Stella Shon, Stella, LendingTree, you’d, Stella doesn’t, Experience Stella, Dolly, ExperienceExpertiseExperience Read Organizations: Ink, of America, Citi, Bank, Bank of America, Newsbreak, MSN, Yahoo, Aviation, Experience, University of North Locations: Wells, Wells Fargo, USA, Korea, Guatemala, Balearic, University of North Carolina, New York, North Carolina
These women talk openly about being rich and wanting to help other women become rich too. She also launched a platform called Treasury, which says it has helped women invest over $80 million in the stock market. "I couldn't really find anyone who was teaching money the way that I wanted to learn it," Sacks said. And it's probably getting really smart about how you save money, taking the money that you are saving and investing it and building wealth." Young women, on the other hand, are turning to more tried-and-true tactics.
Persons: Dave Ramsey, Tori Dunlap, It's, Dunlap, Dow Jones, Simran Kaur, Rachel Rodgers, Z, Kaur, Zers, Haley Sacks, Sacks, Cartier, Kylie Jenner, Suze Orman, it's, they're, Rita Soledad Fernández Paulino, Leah Sheppard, Gen Zers, , Rita Soledad Fernández Paulino Sacks, Kyla Scanlon, Scanlon, aren't, Fernández Paulino, weren't Organizations: Economic, Institute, Washington State, Carson College of Business, GameStop, Fidelity Investments, Federal Reserve's Survey, Consumer Finances Locations: Tacoma , Washington, Dunlap, Instagram, Zealand, York, California
The era of freeloading is officially over
  + stars: | 2024-08-12 | by ( Allison Morrow | ) edition.cnn.com   time to read: +4 min
But thanks to the fine-tuning of the tech that Corporate America uses to police subscriptions, those freeloading days are over. Costco and Disney this month took a page from the Netflix playbook and announced they are cracking down on account sharers. Disney’s streaming business — Disney+, Hulu and ESPN+ — only became profitable in the second quarter this year. Like Netflix, Costco is betting that you’re already emotionally invested in the routine and the satisfaction of getting a closet’s worth of toilet paper that can last the whole year. Last year, the store reported $4.6 billion in revenue from membership fees, and that accounts for the majority of its profit.
Persons: CNN Business ’, they’d, It’s Organizations: CNN Business, New York CNN, Thought Police, Costco, Netflix, America, Disney, Wall Street, Amazon, Apple, HBO, YouTube, Hulu, ESPN, Costco there’s Locations: New York
Introduction to the Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Plus Credit Card is perfect for infrequent Southwest travelers who want some benefits with this airline without paying a high annual fee. Southwest Rapid Rewards® Plus Credit Card BenefitsThe Southwest Rapid Rewards® Plus Credit Card doesn't come with some of the other benefits offered by other Southwest cards, such as elite-qualifying points or travel credits. Southwest Rapid Rewards Plus Credit Card Annual Fee and Other CostsThe Southwest Rapid Rewards® Plus Credit Card, in addition to charging a $69 annual fee, also charges foreign transaction fees of 3% of the amount of each transaction in U.S. dollars. Southwest Rapid Rewards® Priority Credit Card vs. Southwest Rapid Rewards® Plus Credit CardThe Southwest Rapid Rewards® Priority Credit Card is Southwest's top-tier consumer credit card, and the one you should consider if you frequently fly Southwest. Southwest Rapid Rewards Plus Credit Card Frequently Asked QuestionsWhat are the main benefits of the Southwest Rapid Rewards® Plus Credit Card?
Persons: cardholders, HBO Max, they'll, you'll, Chase, Cardholders, You'll, Jasmin Baron, Read, Angela Fung Organizations: Business, Rewards, Card, Southwest, Rapid, Southwest ®, FDIC, Apple, Disney, ESPN, HBO, Hulu, Netflix, Pandora, Paramount, Showtime, Spotify, YouTube, Central America, U.S, Premier, Chase Southwest Rapid, Chase, Sapphire, Southwest Rapid, Southwest Airlines, Chase Bank, Finance Locations: Southwest, Hawaii, Caribbean, Mexico, Central America, U.S, Central, Southwest airfare, Chase, Canada
The message to the airline industry: You've had a few too many screwups to be left to your own devices. Over the past couple of years, the Biden administration has introduced a slew of rules and services intended to make airline passengers' lives easier. The airline industry seems to be relatively on board with the refund idea. But there are plenty of other problems with the airline industry that need solving — some the government can take care of, and some the government is causing. Gallup polls suggest more Americans have a negative view of the airline industry than a positive one.
Persons: You've, Bob Mann, William McGee, Joe Biden's, Pete Buttigieg, Biden, pocketbooks, They've, Janet Bednarek, Buttigieg, , it's, It's, Bednarek, McGee, Mann, George Ferguson, wasn't, Emily Stewart Organizations: Boeing, Delta, Department of Transportation, Airlines, American Economic Liberties, Southwest, University of Dayton, Federal Aviation Administration, Airlines for America, Biden, Bloomberg Intelligence, FAA, Gallup, Business
Dhaka, Bangladesh CNN —Using his sleeve to wipe tear gas from his burning eyes, 25-year-old Mugdho weaves through the crowd, handing out bottles of water to the protesters whose demands for reform would soon topple Bangladesh’s leader. Identical twins Mugdho and Snigdho were inseparable since birth – eating, sleeping and studying together, sharing clothes as well as secrets. “Because of him, people got the strength to do the protest,” Snigdho said. Cultural activists and members of civil society clashing with police at a march for victims killed during the recent nationwide student protests, in Dhaka, Bangladesh, on July 30, 2024. Mohammad Ramzan Ali holds a photo of his 13-year-old son Mubarak, who was killed during anti-government protests in Bangladesh.
Persons: Bangladesh’s, Mugdho –, Mir Mahfuzur Rahman –, Mir Mahbubur Rahman –, , Sheikh Hasina, Salman Saeed, , Farah Porshia, ” Hasina, Muhammad Yunus, “ I’m, ” Porshia, ” Snigdho, Snigdho, Mugdho, Dipto – Mir Mahmudur Rahman, , Mugdho’s, ” Mugdho, Abu Sayed, Ahmed Salahuddin, Sayed, Porshia, Mubarak, Mubarak’s, Mohammad Ramzan Ali, ” Mubarak, he’d, Fareeda, Ali, ” “, ” CNN’s Esha Mitra Organizations: Bangladesh CNN, CNN, Police, Peace, Amnesty, ” CNN, UNICEF Locations: Dhaka, Bangladesh, India, Italy, Europe, Sayed
Mortgage rates are down today compared to where they've been in recent weeks, with 30-year mortgage rates hovering in the low 6% range, according to Zillow data. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. 15-Year Fixed Mortgage RatesLast week, average 15-year mortgage rates were 5.63%, a 36-basis-point decrease from the previous week, according to Freddie Mac data. Mortgage rates have been elevated for most of 2024, but they've been trending down in recent months. Once the Fed cuts rates, mortgage rates should fall even further.
Persons: they've, you'll, Freddie Mac, it's Organizations: July's, CPI, Federal Reserve, Zillow Locations: Chevron
Open a new, nationwide bank accountMy son's been working part-time for several years, and his paychecks go directly to his bank account. Download those rideshare apps now, and make sure they're linked to your kid's new bank card. Check ahead, and if originals are needed, hand them over — but stress the importance of keeping them safe and secure. Make sure they are registered to voteLast but certainly not least, if your incoming college freshman is 18, they're finally eligible to vote. Make sure your child is registered and has a plan for November — and beyond — if attending school out of state.
Persons: , You'll, he's, Uber, they're Organizations: Service, Business Locations: West Coast,
And it has different meanings in African American English versus the Mainstream US English more likely spoken by white folks. So when white people unfamiliar with African American English hear that rise and fall, they think the speaker is being kind of argumentative. How "Black" Harris sounds, in other words, is in the ear of the beholder. In 2022, she compared the way Harris talks to audio clips of the comedian Maya Rudolph doing her impression of Harris on "Saturday Night Live." Just about anything Harris does, Rudolph does, too, but more so.
Persons: Donald Trump, Kamala Harris, Trump, Harris, Nicole Holliday, Holliday, Barack Obama, MAGA, That's, Joe Biden, she's, , Meryl Streep, Maya Rudolph, Rudolph, I'm, they're, — Harris, She'll, Adam Rogers Organizations: National Association of Black Journalists, Trump, UC Berkeley, Howard University, Howard, Business Locations: California, Oakland , California, Bay, Montreal, United States, Harris
Mortgage rates dropped last week in response to July's weaker-than-expected labor market data, though they're up slightly today. As mortgage rates go down, more homeowners will have an opportunity to refinance and save money on their monthly mortgage payments. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. 15-Year Fixed Mortgage RatesAverage 15-year mortgage rates were 5.99% this week, according to Freddie Mac data, which is an eight-basis-point decrease from the previous week. Now that the Fed has paused hiking rates, mortgage rates have come down a bit.
Persons: it's, Freddie Mac Organizations: Zillow, Federal Reserve, Fed Locations: Chevron
New York CNN —No part of the United States is spared the risk of extreme weather events, which have been hitting harder in recent years. From wildfires and tornadoes to hurricanes and flooding to prolonged heat waves, the potential damage from extreme weather to people, animals and property is high. Make sure you have adequate insurance coverageHaving sufficient insurance is key to preserving your finances and sanity after a disaster. Keep a physical copy of your insurance coverage and the title and deed to your home in a waterproof or fireproof bag or other container. You might also add to your list a FEMA helpline number so you can register for assistance after a disaster: 800-621-3362.
Persons: , Loretta Worters, Josh Edelson, ” Worters, Keith Turi, Worters, Turi Organizations: New, New York CNN, Insurance, Institute, Federal Emergency Management Agency, FEMA Locations: New York, United States, Oroville , California, AFP
Schmitt's example may be extreme, but mold damage is not unusual. In 2022, water damage, including mold, represented 27.6% of homeowners insurance losses, according to data from Insurance Services Office, an industry group. Despite the award for the owner of the mold-damaged home later being reduced to $4 million, companies still pulled back on mold coverage. "Mold claims won't be covered if it's a result of neglect, such as pipe leaking for months resulting in water damage and mold." "You should always read your insurance policy and understand what you have, but no one's going to do that," Kochenburger said.
Persons: Brandi Schmitt, Schmitt, Brandi Schmitt's, adjuster, USAA, Read, Kamala Harris, Harris, Joseph, Ms, Ballard, Amy Bach, United, Bach, Scott Shapiro, Will Melofchik, haven't, Melofchik, Scott Holeman, Holeman, Peter Kochenburger, Kochenburger, it's, Mold, Shapiro, Mark Friedlander Organizations: Maryland, CNBC, Finance, Here’s, Democratic, Insurance Services Office, . Farmers Insurance Group, KPMG, National Council of Insurance, Insurance Information Institute, Southern University Law Center, University of Connecticut's Insurance Law Center, Insurance, South Carolina Independent Agents, Nationwide, Allstate, Federal Trade Commission, Act, State Farm Locations: Lothian , Maryland, U.S, Maryland, Texas, San Francisco, South Carolina, Lindsey , Ohio
Mortgage rates fell dramatically this week, with 30-year mortgage rates even briefly dipping below 6% for the first time since early 2023, according to Zillow data. This should remove a lot of the upward pressure off of mortgage rates and allow them to ease. See more mortgage rates on Zillow Real Estate on ZillowMortgage Refinance Rates TodayMortgage type Average rate today This information has been provided by Zillow. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates will affect your monthly and long-term payments. As inflation slows and the Federal Reserve is able to start cutting the federal funds rate, mortgage rates are expected to drop.
Persons: they've, Fannie Mae Organizations: Treasury, Federal Reserve, Zillow, Mortgage, Association, ARM Locations: Chevron
Sophia Smith scored in extra time against Germany in the semifinals to advance to the gold medal match. A win would clinch their fifth Olympic gold medal. Bercy Arena in Paris will be loud as the home crowd looks to push France to its first gold medal. The men’s 800m, women’s javelin, women’s 100m hurdles, men’s 5000m and women’s 1500m are the other events to cap off the Paris athletics competition. #ParisOlympics 📺 NBC & Peacock pic.twitter.com/ZM6qaYCQOw — NBC Olympics & Paralympics (@NBCOlympics) August 9, 2024Sha’Carri Richardson has her gold medal.
Persons: USWNT, Trinity Rodman, Emma Hayes, Sophia Smith, Hayes ’, Rodman, Smith, Mallory Swanson —, Mallory Swanson, Sophia Smith & Trinity Rodman, @teamusa @USWNT, It’s, Marta, Stephen Curry, LeBron James, Steph Curry, Guerschon Yabusele, Isaia Cordinier, Victor Wembanyama, Joel Embiid, Les, Embiid, Gianmarco, Patrick Smith, Sydney McLaughlin, she’s, Quincy Wilson, Quincy Hall, Mutaz Barshim, Victor Montalvo, Victor, , Houston’s Jeffrey Louis, , Jeffro, Louis, Lydia Ko, Pierre, Philippe Marcou, United States ’ Rose Zhang, Miyu Yamashita, Metraux, Nelly Korda, Zhang, SHA’CARRI RICHARDSON Organizations: Paris Olympics, Stade de France, NBC, Telemundo, women’s, Trinity, Japan, Germany, Brazil, Sophia Smith &, France, Bercy, U.S, NBA, Quincy, Olympic, Paris, Florida, Getty, Le, United, Team Locations: U.S, Paris, Brazil, United States, France, Serbia, Qatar, Italy, Tokyo, American, AFP
Read previewI've always been a commitment phobe and was never interested in getting married. Getting pregnant changed how I felt about commitmentBy that point, Sam and I had been together for eight years. Courtesy of Melissa NobleWe've now been married almost 10 yearsAt the very end, it said, "You're the girl of my dreams. AdvertisementGetting pregnant changed my headspace about marriage and helped me think of the future differently. The formality of being married did make a difference, and almost 10 years on, we're still going strong.
Persons: , Sam, I'd, didn't, I've, Let's, Sam's, Port Phillip Bay, satchel, He'd, Melissa Noble's, Melissa Noble We've, we're Organizations: Service, Business Locations: Black Rock, Melbourne, Port Phillip, Gold
Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024. Former President Donald Trump this week repeated his plan to eliminate taxes on Social Security benefits for seniors. But the plan could deplete Social Security and Medicare trust funds sooner, policy experts say. More from Personal Finance:Tim Walz cut taxes on Social Security. 'People are stretched'Unemployment insurance program is unprepared for a recession, experts saySome experts have criticized Trump's plan, citing concerns about the federal budget deficit and the solvency of Social Security and Medicare trust funds.
Persons: Donald Trump, Tim Walz, Garrett Watson Organizations: Social Security, Republican, Social, Fox, Finance, Tax Foundation Locations: Harrisburg , Pennsylvania, U.S, Lago, Palm Beach , Florida
In July 2022, three months after graduating, I started a full-time software engineering job at Amazon after applying and interviewing for the role. I enjoyed working remotely at AmazonWhen I started working at Amazon, the job was fully remote. I went into the Toronto office a couple of times, but it was super empty. I visited the Vancouver office twice when the company flew me out for social events. Amazon asked employees to RTO and, in some cases, relocate to a new cityI liked remote work and not having to waste time commuting.
Persons: , Gazi Jarin, I'd Organizations: Service, Business, Amazon, Toronto Locations: Vancouver, Toronto, COVID, Seattle
U.S. Vice President Kamala Harris and Republican presidential nominee and former U.S. President Donald Trump. But they also think the candidate best able to improve the economy is the de facto Democratic nominee Harris, not Republican nominee and former President Donald Trump. Three months ago, the same survey found Trump and Biden effectively tied, with 36% for Biden and 35% for Trump, and 29% planning to vote for Kennedy. This jump in support for Harris today is all the more notable because of how significant the economy is to the voting choices of younger Americans. In this survey, 77% of respondents said they either definitely or probably will vote.
Persons: Kamala Harris, Donald Trump, Brendan Mcdermid, Elizabeth Frantz, Harris, Biden, Joe Biden, Robert F, Kennedy Jr, Kennedy, Trump, Harris — Organizations: Republican, Reuters, Biden, CNBC, Money Survey, Democratic, Trump, Democratic Party, White, Democrats, Census Locations: Harris, U.S
It's caused tension in our marriage because my spouse and I clash over our expenditure on our kids. However, now that I'm married with kids, mocking my frugal upbringing has become a bit of a family joke. We constantly clash over how much we spend on the kids. Left to his own devices, my husband could easily spend between $500 and $700 on each child. In an ideal world, kids wouldn't bully each other for not wearing the "right" label.
Persons: , Dunkin, Uber, I'm, I'd, I've Organizations: Service, Business Locations: Europe
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